Tyler Technologies stock falls 1.26 percent as BTIG keeps Buy rating
Published on 09/24/2026 at 19:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Tyler Technologies stock was trading at USD 328.33 on the NYSE on September 24, 2026 at 1:54 p.m. ET, down 1.26 percent. On September 24, 2026, BTIG reiterated its Buy rating and set a USD 400 price target, according to MarketBeat.
BTIG target stays above market
The BTIG target stands 21.82 percent above the September 24 market price. MarketBeat also reported a consensus rating of Moderate Buy and an average analyst target of USD 456.72 on the same date.
The gap between the current quote and the BTIG target gives the rating a clear numerical test. Tyler Technologies market capitalization stood at USD 13,445,868,659 on September 24, while the stock traded at a price to earnings ratio of 43.55.
Q2 revenue rises 8.2 percent
Tyler Technologies generated Q2 2026 revenue of USD 645.1 million, up 8.2 percent year over year, according to Yahoo Finance. The period's adjusted EPS was USD 3.08, an increase of 0.9 percent from the prior year and USD 0.02 above the USD 3.06 consensus estimate.
Recurring revenue reached USD 559.5 million in Q2 2026, equal to 86.7 percent of total revenue, while annualized recurring revenue reached USD 2.24 billion. SaaS revenue rose 21.7 percent year over year to USD 230.6 million, making cloud adoption the faster-growing component of the reported revenue mix.
Stock remains below yearly high
Tyler Technologies stock traded within a 52-week range of USD 270.71 to USD 531.94 on September 24, 2026. The current price was 38.28 percent below the yearly high, while the market capitalization was USD 13.45 billion.
The figures point to a stock session shaped by valuation and expectations rather than by a deterioration in the latest operating trend. Revenue growth, recurring revenue and SaaS expansion provide the operating benchmarks, while the USD 400 BTIG target sets the next explicit reference level for the market.
Tyler Technologies stock facts
- Company: Tyler Technologies, Inc.
- Ticker: TYL
- Trading venue: NYSE
- Price: USD 328.33 as of September 24, 2026, 1:54 p.m. ET
- Market capitalization: USD 13,445,868,659 as of September 24, 2026
- 52-week range: USD 270.71-531.94 as of September 24, 2026
- Sector / Industry: Information Technology
